Overview:

The global wire harness market is valued for more than US$ XXX.X Mn in 2020 and expected to reach a value of US$ XXX.X Mn by 2030 with a significant CAGR of around XX.X% over the forecast period of 2021-2030. The wire harness is well known as a wiring harness, wiring assembly, wiring loom or cable assembly. The wiring harness is an integrated and systematic arrangement of various wires within an insulated material. This assembly used to transmit electric signals from one point to another.

Market Dynamics:

Rising demand for wire harness from automotive sector and growing adoption of advanced features such as ADAS in the vehicles are key factors bolstering growth of the global wire harness market.

Key Trends:

Detailed key trends are covered in the report including technological advancements and key strategies of key players operating in the target market area.

Regional Analysis:

For detailed understanding of market dynamics, the global wire harness market is analyzed across key regions viz. the North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific market has dominated the target market with highest market share in 2020.

However, the target market in Asia Pacific region is expected to witness strong growth during the forecast period.

Scope of the Report:

Detailed Segmentation:

Global Wire Harness Market, By Component:

• Wires
• Connectors
• Terminals
• Other Components

Global Wire Harness Market, By Material Type:

• PVC
• Vinyl
• Thermoplastic Elastomer
• Polyurethane
• Polyethylene

Global Wire Harness Market, By End Use Industry:

• Automotive
• Marine
• Medical
• Aerospace & Defense
• Consumer Durables
• Agriculture
• Industrial
• Other Industries

Global Wire Harness Market, By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players Covered:

Key players operating in the global wire harness market includes Leoni AG, Aptiv Plc, Lear Corporation, Sumitomo Electric Industries, Ltd., THB Group., Yazaki Corporation, Nexans autoelectric GmbH, Samvardhana Motherson International Ltd., Fujikura Ltd., and Yura Corporation.

Key Features of the Study:

Foresight Market Research provides detailed analysis on global market in our report- Global Wire Harness Market by component, material type, end use industry, and region. The report provides market size (US$ Mn) and compounded annual growth rate (%) for the forecast period: 2021 – 2030, considering 2022 as the actual year. The report also contains in-depth analysis about market drivers, restraints, opportunities, new product launches, product approval, ongoing trends, and regional outlook. The report delivers competitive analysis about leading players in the global wire harness market based on various parameters such as company overview, product portfolio, regional presence, financial performance, distribution strategies, key developments, marketing strategies, and future plans. The analysis from the report would acquaint the marketers and management authorities of companies to make the appropriate decision with respect to their future product launch, market expansion, and marketing tactics used overall the globe.